Borgata allowing players to bet on their Free-Throw Shooting Skills

Borgata allowing players to bet on their Free-Throw Shooting Skills

Is your free-throw shooting ability on par with Shaquille O’Neal (52.7% career) or is it closer to Steve Nash (90.4%)? If it’s the latter, then you’ll want to get to the Borgata on March 21st because they’re going to hold a free-throw shooting contest where bettors can wager on their own ability.

According to SaintPetersBlog.com, the Borgata just received permission from the New Jersey Division of Gaming Enforcement to offer this physical-skill-based contest, which makes them the first casino in U.S. history to do so. And what’s interesting is that the Borgata wants to add more physical betting contests in the near future.

“This is a first step, something we’ve never been able to do until now,” said Joe Lupo, Borgata’s senior vice president. “A year from now, you’ll probably see a lot more of these skill-based tournaments or even games on the casino floor.”

Much like poker, sports betting or daily fantasy sports, this free-throw competition will see players betting against each other, rather than the house. It costs $20 to enter and the goal is to make as many free throws as possible in 90 seconds. The top 16 finishers will then move on to a bracket format, with each winner advancing to the next round. The final four players will split a $10,000 prize pool, and $5k goes to the winner.

As mentioned before, this tournament takes place on March 21st, which coincides with the NCAA March Madness Tournament. And it is part of the state’s “New Jersey First” initiative, which seeks to feature new gambling products before other U.S. casinos do so. “It’s smart for them to be creative and try to find new ways to provide what consumers want given the highly competitive nature of the region,” said Chris Moyer, an American Gaming Association spokesman.

Other Atlantic City casinos will also have the option of holding similar physical-skill gambling contests in the future. That said, it’ll be interesting to see what else the Garden State comes up with down the road. These contests would be even more popular if they could be held in conjunction with sports betting, which Atlantic City has made a large effort to get established in the last few years. But at this point, the powerful coalition of the MLB, NBA, NCAA, NFL and NHL has halted these efforts.

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